Scotiabank Lifts IAMGold Corporation (IAG) PT to $23 Driven by Record Gold, Silver Price Forecasts

IAMGold Corporation (NYSE:IAG) is one of the cheap hot stocks to invest in right now. On January 26, Scotiabank increased its price target for IAMGold to $23 from $15 while maintaining a Sector Perform rating. This adjustment is part of a broader update across the firm’s Gold & Precious Minerals coverage, driven by higher gold and silver forecasts. The firm noted that these revised projections are supported by ongoing economic and geopolitical uncertainty, as well as robust buying activity from central ban ...